BMW, Mercedes put automated driving alliance on hold

FRANKFURT (Reuters) – Daimler (DAIGn.DE) on Friday said it had put on hold a development alliance in the area of automated driving between its luxury brand and rival German luxury carmaker BMW (BMWG.DE).

“Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate on their existing development paths, which may also include working with new partners,” Daimler said in a statement.

Daimler said the cooperation, which was announced in 2019, may resume at a later date.

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